Founder of west coast direct lender charged with fraud

Wednesday, August 12, 2020

Brendan Ross, founder and former chief executive officer of Direct Lending Investments, was arrested and charged with 10 counts of wire fraud yesterday, amid allegations he inflated the value and returns for a fund investment, resulting in mis-statements to investors and around $5-6million in overcharged fees

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TAGS: Direct lending Law suits Regulation North America

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